| Steps to the purchase of your home |
| 1. |
Assess your needs |
|
a. |
How many bedrooms do you need? |
|
b. |
How large of a house do you need? |
|
c. |
How large of a yard do you need? |
|
d. |
Are you willing to remodel? |
|
e. |
Do you want a new home? |
|
f. |
Do you want a condominium or a single - family home? |
|
g. |
Do you want a city or a rural setting? |
| 2. |
Choose a realtor |
|
a. |
Based on personal referral. |
|
b. |
Based on greatest knowledge of the area? |
|
c. |
Based on track record in the area? |
|
d. |
Choose the REALTOR who provides you with the most and the
best information? |
| 3. |
Set your target price |
|
a. |
Establish the amount of your down payment. |
|
b. |
Meet with a mortgage broker to establish your mortgage
capacity. |
| 4. |
Reduce your choices to a few neighborhoods |
|
a. |
What is the average home price? |
|
b. |
What are the schools like? |
|
c. |
What is the distance to work and shopping? |
|
d. |
What is the average size of the home site? |
|
e. |
Is the area going through any changes--new road, new
businesses, new development, ecological concerns, etc? |
| 5. |
Learn by seeing |
|